Commercial building operations put $610B into US economy last year: BOMA
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
External link. Real Estate Trail does not republish source content.
More from the wire
Conduct AI Takes 7K SF at Capstone’s 140 Crosby Street for First U.S. Office
A London-based artificial intelligence firm developing enterprise software is establishing its first U.S. office presence in Manhattan’s SoHo neighborhood, Commercial Observer has learned. The rapidly growing Conduct…
Zara Doubles Footprint at a Macerich Shopping Center in Los Angeles County
Fashion firm Zara is more than doubling its footprint at a Southern California shopping center. The clothing retailer is expanding from 22,000 square feet to a 45,000-square-foot flagship opening next year at Macerich…
Greenspoint Mall Site to redevelop to $150M CityNorth Industrial Park | Spring - Klein
Mortenson: Mass timber use shaved $2M in costs from college build
The alternative building material and intentional value engineering helped a building at Western Washington University come together with cost savings and expedited schedules, Mortenson experts said.
San Antonio Credit Union Buys Former Sunoco Office Building
Security Service Federal Credit Union acquired The Rim, a 319,000 square foot office at 19003 W. Interstate 10. Sunoco, the seller, purchased the office of its subsidiary, NuStar, two years ago. Security Service said…
Labor imbalances plague the $230B kitchen and bath sector
NKBA’s 2026 study shows skilled labor shortages in kitchen and bath are spreading, a limit to project capacity for remodelers